One year after commencing work next to the I-405/US-101 interchange, concrete pillars are emerging above ground level at the site of Via Avanti, a new mixed-use project from in IMT Residential in Sherman Oaks.

The project, now rising from a five-acre property at 4815-4827 N. Sepulveda Boulevard, will eventually consist of interconnecting buildings up to six stories in height featuring a total of 325 apartments, approximately 40,000 square feet of retail space, and parking.

Exterior of Via Avanti

A project website advertises a mix of one- and two-bedroom floor plans, ranging from 589 to 1,513 square feet in size.

KFA Architecture is designing Via Avanti, which will incorporate a system of private and publicly-accessible open spaces. The buildings would have a Tuscan-style design, fronting onto Sepulveda Boulevard with a landscaped plaza.

View looking northwest from Sepulveda BoulevardUrbanize LA

IMT Residential, which acquired the project site in July 2019 for $58 million, is working off of a proposal first submitted to the City of Los Angeles in 2004. The project, originally known as Il Villagio Toscano, was once to consist of a larger complex featuring over 500 apartments. Over the years, the scale of the proposed development was gradually been pared down, first to 399 apartments and then to the current figure of 325 units.

Via Avanti, located just north of the Sherman Oaks Galleria, abuts the first stretch of bus-only lanes in the San Fernando Valley, which run along Sepulveda and Ventura Boulevards. The site also its within walking distance of where a future stop is planned on the Sepulveda Pass transit corridor, which could  be built as a heavy-rail line or a monorail.

4815-4827 N Sepulveda BlvdGoogle Maps

IMT Residential, in addition to Via Avanti, is currently in the midst of construction at a 249-unit apartment complex on land surrounding the former headquarters of the Sunkist Growers Cooperative.

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